BTC: $109,488
ETH: $3,917
Fear/Greed Index: 28 (Fear)
BTC.D: 59.06%
๐ค Bitcoin sentiment just hit its lowest since April, with the Fear & Greed Index collapsing to 28/100 after BTC slipped below $109K. Interestingly, the last time fear was this intense, BTC was trading near $83K โ $25K lower than current levels.
๐ Analysts note a growing divergence: price remains elevated while sentiment has plunged, often a setup for reversals. Social data shows retail traders turning impatient and overly bearish, while larger players have quietly been adding exposure.
๐ Historically, such extreme fear has marked turning points. While confirmation is still lacking, the mix of shaken sentiment and whale accumulation suggests conditions are forming for a potential rebound.
